Starting a Business in a Free Zone

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Starting a Business
in a Free Zone
Get a Consultation today!
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Starting a Business in a Free Zone
SHURAA INDIA
Starting a business in a free zone is beneficial
for so many reasons. Indian entrepreneurs and
investors enjoy complete business ownership,
cost-effective company incorporation, tax-free
reforms, and a lot more when they set up a free
zone company in the UAE. Furthermore, theres an
added advantage of launching your business in a
free zone. Its the specialized business
environment that you get in accordance with your
companys nature. Moreover, the registration
process is straightforward, and the business
experts at the Shuraa India branch assist you
with the same at highly competitive prices.
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What are the Key Steps to Set Up a Company in a
Free Zone?

1. Determine the Type of Legal Entity
2. Choose a Trade Name
3. Apply for a Business License
4. Choose an Office Space
5. Get Pre-Approvals, Register Your Business and Get
   Your License

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1. Determine the Type of Legal Entity
Two of the most common legal entities in free
zones include Free Zone Limited Liability
Company (FZ LLC) or Free Zone Company (FZ
Co.) Free Zone Establishment (FZE) However, its
critical to note that both these legal forms
arent available in all the free zones.
Therefore, you should always consult with the
desired free zone authority before registering
your company. The best part is that you can also
open branch offices in the free zones.
Furthermore, the capital requirement also varies
from one free zone to another.
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2. Choose a Trade Name
All free zones companies in the UAE must have a
registered trading name. Moreover, the name
shouldnt be a gimmick of any other renowned or
existing brand. Here are a few considerations
before finalizing the trading name of your free
zone company Should always adhere to the public
morals or the public order of the
country must be followed by the legal structure of
the organization, for example (FZ-LLC, FZE,
DMCC, etc.) Is unique and not reserved
previously Should be compatible with the desired b
usiness activities and legal framework Should be
free of words that hint towards any religion, or
administrative authority, nor names or emblems of
any external bodies.
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3. Apply for a Business License
The next step in starting a business in a free
zone is applying for the required free zone
trading license. The business consultants at the
Shuraa India branch help you apply for a business
license after analyzing your business
activities. Moreover, its a critical step as an
incorrect license can lead to operational
inadequacy. There are more than 2000 permissible
business activities that you can carry out in
the free zones. In addition, some of these
include Advertising and animation Film
production and printing Graphic designing Music
production and recording Marketing
Communications Consultancy and trading
Manufacturing E-commerce Therefore, you can get
in touch with the designated free zone authority
to know more about the permissible business
activities pertaining to that free zone.
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4. Choose an Office Space
Businesses must have office space in the UAE-
free zones. You can either rent an office space
or work on a virtual address depending on
activities and Free Zones. The size of the
office also depends on your business activities
alongside the participating members in your
business. Therefore, you can start with a
cost-effective mini space and upgrade to larger
spaces as your business observes
growth. Furthermore, you can also acquire a
virtual office space by signing a sustainability
agreement with the legal advisors at the Shuraa
India branch. Its a modern-day solution that
empowers you to launch your company remotely in
the free zone of your choice.
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5. Get Pre-Approvals, Register Your Business and
Get Your
License

1. Initial Approval
2. Registration
3. Licensing and Visa Process

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A. Initial Approval
The initial approval certificate is mandatory to
acquire a free zone business license. Moreover,
you can apply for initial approval to the
concerned jurisdiction by submitting the
documents mentioned below Application form
Comprehensive business plan Registry Identity
Code Form
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B. Registration
The next step is to pay the free zone business
registration fee. Its an obligatory fee that
all Indian investors and other expatriates must
pay for starting a business in a free zone.
Therefore, ensure that you submit the
following Registration application form Power of
Attorney given to the Director (notarized
attested) Memorandum of Association (MoA) and
Articles of Association (AoA) ((notarized
attested) Information regarding shared capital
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C. Licensing and Visa Process
You can finally obtain your business license
after youve completed everything discussed
above. In addition, you can then apply for
visas. Moreover, note that visas can be secured
for yourself, your family members, and domestic
help too. The legal consultants at the Shuraa
India branch provide end-to-end visa assistance
from filing the application to obtaining the
desired visa permits. Therefore, simply get in
touch with us, and well handle the rest.
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Documents Required for
Starting a Business in a Free Zone
Heres a curated list of documents that you need
to submit to the free zone authority for
establishing your company in the desired free
zone List of trade names (3 to 4) List of
business activities Passport copy of the
shareholders Entry stamp or visa
page Passport size photograph as per the
protocols (size, background color, etc.)
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Launch Your Business in a Free Zone!
Free zone companies enjoy lenient business laws
and cost-effective business solutions. Moreover,
the best part is that resource availability is
never an issue when you form a free zone
company. Therefore, youre headed in the right
direction for starting a business in a free
zone. All you need to do now is collaborate with
the free zone company formation experts at the
Shuraa India branch. We help you apply for the
desired business license, obtain external
approvals, and also take care of translation
requirements.
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OUR STORY
SHURAA THE PIONEERS OF BUSINESS SETUP SERVICES
IN THE UAE Shuraa Business Setup was founded by
Mr Saeed Khalifa Mohammed Al Fuquei in the year
2001. The organization was initiated with an
agenda to help individuals start a business in
Dubai or any other emirates. For the past 20
years, we have registered over 35,000 companies
in the UAE.Shuraa Business Setup helps with
crucial paperwork and other governmental
permissions which is important while setting up a
business in Dubai. We share years of
acquaintance with the government officials and
regulatory authorities, that makes business
setup easier.
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MAILING ADDRESS
108, Square One, Saket New Delhi - 110017
REACH OUT
EMAIL ADDRESS info_at_shuraa.in
PHONE NUMBER 91-8010990022